LENDER UPGRADE PROGRAM
CarSaver allows consumers to buy, finance and insure their next car directly from your website.
Car buyers want to do more at home and on their phone before they go to a dealership. CarSaver’s eCommerce platform helps consumers save time and money when buying new and used cars. CarSaver connects consumers with local dealers that have agreed to provide the lowest price, an online trade value, and protect your consumer relationship with a no-flip financing policy.
CarSaver has a unique Vehicle Upgrade program that proactively notifies your existing auto loan consumers when they can upgrade to their next vehicle and links them to a personal portal with customized payments based on their credit and your rates and programs.
CarSaver also highlights your suite of insurance products within the shopping experience and provides consumers with a Lifetime Powertrain Warranty* at no additional cost, good for as long as they own the car. The average powertrain repair being over $2,500, CaSaver's Lifetime Warranty will save consumers money when they need it the most.
90%
of your auto loans will finance their next car with someone else
QUICK STATS
40%
of your current auto loans are eligible to roll over into a new loan
The program notifies your customers when they can upgrade to a newer loan and links them to a personalized portal with real, down-to-the-penny payments based on your rates and programs.
CarSaver’s all-in-one site delivers a best-in-class experience for loan customers to shop, buy, insure, and finance the top brands of new and pre-owned vehicles, 100% online, from certified dealers who have committed to never flip pre-approved loans.
HOW IT WORKS
BENEFITS
CUSTOMER BENEFITS
-
One-click vehicle upgrade
-
More car, more often, for a similar, sometimes lower, monthly payment
-
Ease and time savings of doing everything 100% online
-
Buy with confidence backed by a Lifetime Powertrain Warranty
DEALER BENEFITS
-
Grow market share of new and used auto loans at a lower cost per sale
-
Reduce loan acquisition, credit app, bureau, and LOS costs
-
Reduce loan defection
-
Increase direct-to-consumer business
-
Improve customer satisfaction and loyalty
-
Strengthen dealer relations by delivering car sales
LENDER BENEFITS
-
Sell more cars, more often, at a lower cost per sale ($350 vs. $652)
-
Profit from sale, loan, F&I, and the reconditioning and reselling of used vehicle trade-in
-
Source and sell more CPO and used vehicles through upgrade trade-ins
-
Improve customer satisfaction and retention
-
Increase purchase frequency by reducing trade cycle from 8 years to 2 years
RE-ORIGINATION OPPORTUNITY
CONTACT
If you want to learn more or set up a one to one appointment, please use the button below to submit your information and we will contact you.
ABOUT CARSAVER
CarSaver is recognized for building an industry-leading digital retail platform that helps people and sell cars, 100% online, through a fully-automated experience that saves buyers and sellers time and money.
CarSaver has exclusive partnerships with Walmart and iHeart, was selected by Nissan to power 100% of its eCommerce in the U.S. The Company has been recognized by JD Power and Automotive News PACE Award for its innovative technology and leading eCommerce platform for OEMs and lenders.